- Solana’s strong rally boosts ecosystem tokens, signaling growing investor confidence.
- Pyth, Wormhole, and Neon see gains, highlighting Solana’s expanding market influence.
- Swarms leads with a 20.43% surge, while some tokens face volatility and corrections.
Solana has picked up momentum, with several projects popping up as key players in its ecosystem. Investors are watching closely to see if these tokens will drive the next altseason. As market conditions shift, understanding these projects can help traders make smart decisions.
Solana is currently trading at $208.75, up 3.76% in the last 24 hours. Its trading volume reached $9.29 billion, showing strong investor interest. This upward trend signals renewed confidence in Solana’s ecosystem. Because of this, several projects built on Solana are also seeing price surges and increased trading activity.
Key Solana-Based Tokens and Their Market Trends
Pyth Network ($PYTH) has gained 1.80% in the past 24 hours, trading at $0.203. With an $85.32 million trading volume, it remains a top data oracle provider.
Meanwhile, Wormhole ($W) recorded a 2.85% price rise, reaching $0.183. Its $111.45 million trading volume highlights its growing importance in cross-chain liquidity solutions.
Related: Solana Meme Coins Plummet By 91%, But Analysts See Signs of Massive Rebound
More Solana Projects Gaining Traction
Neon ($NEON) surged 4.58% in 24 hours and 21.23% over the past week, trading at $0.274. With a market cap of $65.14 million, it continues to attract investor attention. Swarms ($SWARMS) saw a massive 20.43% spike, trading at $0.056, driven by high trading volume of $62.59 million.
Drift Protocol ($DRIFT) is priced at $0.7436, with a slight 2.73% increase over the last day. However, its seven-day decline of 21.14% suggests volatility. Metaplex ($MPLX) increased by 3.74%, trading at $0.284. Even with its smaller volume of $3.80 million, its role in Solana’s NFT sector keeps it relevant.
Related: Solana’s On-Chain Stablecoins Hit $10 Billion: What’s Driving the Surge?
Helium IOT ($IOT) recorded an 8.29% gain in 24 hours, reaching $0.0005093. However, it dropped 8.93% over the week, reflecting fluctuations in the IoT-focused token. MobileCoin ($MOBILE) dropped 8.76%, trading at $0.1536. Jito ($JTO), on the other hand, surged 9.63% in the last day, trading at $2.98, with a market cap of $864.11 million.
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